19 Miss. Code. R. 1-41.03
For the purposes of this Regulation, the following definitions shall apply:
A. "Deductible" shall mean a policy provision that requires the insured to be responsible for a specific amount or percentage of a loss or the percentage of insured value on the policy and the insurer to pay covered losses in excess of that amount.
B. "Department" shall mean the Mississippi Insurance Department.
C. "Homeowners' Insurance Policies" means any personal lines residential property insurance coverage including any homeowner, dwelling, mobile home, tenant or condominium unit owner form of coverage. For the purposes of this Regulation, this shall include mobile home/manufactured home insurance coverage.
D. "Hurricane" shall mean a storm system that has been declared to be a hurricane by the National Hurricane Center of the National Weather Service.
E. "Hurricane Deductible" shall mean a percentage wind deductible applicable during an event which is a Hurricane.
F. "Insurer" shall mean an insurance company writing homeowners' insurance coverage in this state. For the purposes of this Regulation, the term "Insurer" does not include the Mississippi Windstorm Underwriting Association or non-admitted carriers who are doing business in this state pursuant to Section 83-21-17, et seq. (Rev. 2011).
G. "Named Storm" means a storm system that has been declared a named storm by the National Hurricane Center of the National Weather Service.
H. "Named Storm Deductible" shall mean a percentage wind deductible applicable during an event which is a Named Storm.
I. "National Weather Service" means the weather information service, which includes the National Hurricane Center that is a line office of the National Oceanic and Atmospheric Administration (NOAA).
19 Miss. Code. R. 1-41.03